NewEdge Advisors LLC Has $11.54 Million Holdings in abrdn Physical Silver Shares ETF $SIVR

NewEdge Advisors LLC boosted its holdings in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 7.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 161,133 shares of the company’s stock after acquiring an additional 10,845 shares during the quarter. NewEdge Advisors LLC owned 0.22% of abrdn Physical Silver Shares ETF worth $11,539,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of abrdn Physical Silver Shares ETF in the first quarter worth approximately $27,000. Archer Investment Corp purchased a new position in shares of abrdn Physical Silver Shares ETF during the first quarter valued at approximately $28,000. Sankala Group LLC purchased a new position in shares of abrdn Physical Silver Shares ETF during the fourth quarter valued at approximately $34,000. FLP Wealth Management LLC grew its holdings in abrdn Physical Silver Shares ETF by 48.2% during the first quarter. FLP Wealth Management LLC now owns 501 shares of the company’s stock worth $36,000 after buying an additional 163 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB grew its holdings in abrdn Physical Silver Shares ETF by 245.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 553 shares of the company’s stock worth $25,000 after buying an additional 393 shares in the last quarter.

abrdn Physical Silver Shares ETF Price Performance

NYSEARCA SIVR opened at $60.46 on Monday. The business has a fifty day simple moving average of $59.06 and a 200 day simple moving average of $70.60. abrdn Physical Silver Shares ETF has a 12 month low of $35.51 and a 12 month high of $115.26.

About abrdn Physical Silver Shares ETF

ETFS Silver Trust (the Trust) is formed to own silver transferred to the Trust in exchange for shares issued by the Trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of silver bullion, less the expenses of the Trust’s operations. ETFS Physical Silver Shares (the Shares) are issued by ETFS Silver Trust. The sponsor of the Trust is ETF Securities USA LLC.